Sea Limited (SE) Shows How Shopee’s Order Growth Is Keeping Its E-Commerce Engine Strong
Key takeaways
- The Singapore-based company’s core e-commerce asset, Shopee, remains its biggest growth engine, and its latest quarterly numbers show why the stock fits this list.
- The quality of that growth is also important for investors.
- Sea Limited (NYSE:SE) operates digital businesses including Shopee for e-commerce, Garena for online games, and Monee for digital financial services.
Sea Limited (SE) Shows How Shopee’s Order Growth Is Keeping Its E-Commerce Engine Strong Habib Ur Rehman Mon, June 15, 2026 at 3:04 AM GMT+7 2 min read SE Sea Limited (NYSE:SE) is one of the best e-commerce stocks to buy as global sales hit records. The Singapore-based company’s core e-commerce asset, Shopee, remains its biggest growth engine, and its latest quarterly numbers show why the stock fits this list. On May 12, Sea Limited reported that Shopee generated 4.0 billion gross orders in the first quarter of 2026, up 29.3% year-over-year, while gross merchandise value increased 30.2% to $37.3 billion. Shopee’s GAAP revenue also rose 45.1% year-over-year to $5.1 billion, including $4.5 billion of marketplace revenue.
The quality of that growth is also important for investors. Core marketplace revenue, which mainly includes transaction-based fees and advertising revenue, climbed 61.0% year-over-year to $3.8 billion. Sea said Shopee delivered record highs in GMV, gross order volume, and revenue during the quarter, while remaining on track to grow annual GMV by around 25% in 2026. The company is also embedding AI into its operations to improve user outcomes and platform efficiency, adding another layer to its long-term e-commerce story.
Sea Limited (NYSE:SE) operates digital businesses including Shopee for e-commerce, Garena for online games, and Monee for digital financial services.